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MJKK or MSFJ (as applicable) hereby disclose that most issuers of debt secuies (including corporate and municipal bonds, debentures, notes and commercial paper) and preferred stock rated by MJKK or MSFJ (as applicable) have, prior to assignment of any rating, agreed to pay to MJKK or MSFJ (as applicable) for appraisal and rating services rendered by fees ranging from JPY200,000 to approximately JPY350,000,000. MJKK and MSFJ also maintain policies and procedures to address Japanese regulatory requirements.
Fuente: https://www.moodys.com/research/Moodys-assigns-Baa3-rating-to-Pemexs-global-notes--PR_356293